Filing Flows › Thor Industries (THO) › Q3 FY26
Thor Industries (THO) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Jun 3, 2026
Thor Industries (THO) reported revenue of $2.8B for the third quarter fiscal 2026 (Q3 FY26), -4% from a year earlier and +31% from the quarter before. Operating margin was 4.8%, net earnings $97.2M (3.5% of revenue).
Thor Industries, Q3 FY26: revenue $2.8B (-4% year over year), operating margin 4.8%, net earnings $97.2M, operating cash flow $234M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8B | +31% | -4% |
| Gross profit | $355M | +41% | -20% |
| Operating profit | $133M | +536% | -14% |
| Net earnings | $97.2M | +446% | -28% |
| Operating cash flow | $234M | — | -9% |
| Free cash flow | $196M | — | -12% |
What changed
Revenue was $2.8B in Q3 FY26, down 4% year over year and up 31% from the previous quarter.
Gross margin was 12.8%, down 2.6 points from Q3 FY25. Operating profit was $0.13B, a 4.8% margin (down 0.6 points year over year). Operating expenses fell 23% while revenue fell 4%. Net earnings were $0.10B, down 28% year over year. The effective tax rate was 28.4%.
Operating cash flow was $0.23B (down 9% year over year), 245% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.04B left free cash flow of $0.20B.
Questions
What was Thor Industries' revenue in the third quarter fiscal 2026?
Thor Industries (THO) reported revenue of $2.8B for the third quarter fiscal 2026 (Q3 FY26), -4% from a year earlier and +31% from the quarter before.
Was Thor Industries profitable in the third quarter fiscal 2026?
Operating profit was $133M (4.8% of revenue) and net earnings $97.2M.
Source: Thor Industries 10-Q on SEC EDGAR.